Crude Oil

Expect more sideways in short term :

Today, the Crude’s rally retraced the 50 percent of last week’s selloff, as expected. The engulfing rally-day would confirm the continuing sideways outlook in short term, prior to the following advance as Minute fifth wave ahead.

The bullish outlook remains now against the $57.95.

Crude Oil - Daily

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s